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SSC Sample Paper SSC (Group-C) Sample Test Paper-9

  • question_answer
    India's first credit bureau through which commercial banks will share credit history of the customers :

    A)  MCX                          

    B)  CRISIL

    C)  SEBI              

    D)       CIBIL

    Correct Answer: D

    Solution :

     Credit Information Bureau (India) Limited (CIBIL) is India's first Credit Information Company (CIC) founded in August 2000. CIBIL collects and maintains records of an individual payments pertaining to loans and credit cards. These records are submitted to CIBIL by member banks and credit institutions, on a monthly basis                                           


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